Corporate digest

mm2 Asia

A UNIT of mm2 Asia Ltd will join hands with two Chinese media companies to co-invest US$25 million to co-produce five films and multiple online films over the next three years, the producer of films and television/online content said.

mm2 Entertainment, a wholly owned subsidiary of mm2 Asia, will sign a memorandum of understanding during the 2017 ContentAsia Summit with New Culture Media Hong Kong Ltd - a wholly owned subsidiary of Shanghai New Culture Media Group Co, Ltd - and 9i Film & Television Media Co Ltd, to do so.